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Exchange Place (PATH station)
Encyclopedia
The Exchange Place PATH
station, opened on July 19, 1909, is located at Exchange Place in Jersey City, New Jersey
, adjacent to the Hudson River at Paulus Hook
. The station serves the Goldman Sachs Tower and other buildings in this area, also sometimes referred to as "Wall Street West".
The station provides service to Hoboken
, Journal Square
and Newark Penn Station
. The station also provides direct access to Lower Manhattan
, with connections to the New York City Subway
at the World Trade Center PATH station. PATH service to 33rd Street
in Midtown Manhattan
is also available, via transfer at Newport.
The Hudson-Bergen Light Rail
has a stop outside the Exchange Place PATH station, providing service to north to Hoboken
and North Hudson
and south to Liberty State Park
and Bayonne
adjacent to Pennsylvania Railroad station
and ferry terminal
. The above ground entrance and platforms were reburbished in the late 1960s / early 1970s after the Port Authority of New York and New Jersey
took over operations of the Hudson and Manhattan Railroad.
In the early years of the H&M Railroad, there were a number of incidents, including a derailment on April 26, 1942 that resulted in five deaths and over 200 injuries. In that incident, the train operator Louis Vierbucken was charged with manslaughter, as he was under the influence of liquor. Court records recount that he "began to go faster and faster, disregarding warning signals and curves" and then the train derailed at the station.
The present-day station entrance pavilion at Exchange Place was constructed at a cost of $66 million , and was dedicated on September 13, 1989. At this time, the surrounding Paulus Hook area was beginning to undergo revitalization
with new office building construction. The station entrance is located approximately 100 feet (30.5 m) west of the former, original station entrance. The station features three 150 feet (45.7 m)-long escalators that provide access to the platform level, located 75 feet (22.9 m) beneath street level. In 1991, an elevator
was installed to make the station accessible for the disabled, in accordance to the Americans with Disabilities Act. The Hudson-Bergen Light Rail began service in April 2000, initially providing connections to Bayonne.
The Exchange Place station was closed as a result of the September 11, 2001 attacks
, due to water damage. Before the attacks, the station served 16,000 passengers daily. The World Trade Center
station was also crucial, as that station contained a loop that enabled trains to turn around and reverse direction. New trackwork was installed at a cost of $160 million , which included an interlocking to allow the trains to switch tracks, thus enabling trains to terminate at Exchange Place. On June 29, 2003, the Exchange Place PATH station reopened, restoring services to Newark, Hoboken, and 33rd Street. On November 23, 2003, service was restored to the World Trade Center site
, with the reopening of the World Trade Center (PATH) station.
In February 2006, the Transportation Security Administration
(TSA) established a pilot project to test airport-style security screening at the Exchange Place station.
Port Authority Trans-Hudson
PATH, derived from Port Authority Trans-Hudson, is a rapid transit railroad linking Manhattan, New York City with Newark, Harrison, Hoboken and Jersey City in metropolitan northern New Jersey...
station, opened on July 19, 1909, is located at Exchange Place in Jersey City, New Jersey
Jersey City, New Jersey
Jersey City is the seat of Hudson County, New Jersey, United States.Part of the New York metropolitan area, Jersey City lies between the Hudson River and Upper New York Bay across from Lower Manhattan and the Hackensack River and Newark Bay...
, adjacent to the Hudson River at Paulus Hook
Paulus Hook, Jersey City
Paulus Hook is a community on the Hudson River waterfront in Jersey City, New Jersey, located one mile across the river from Manhattan. The name Hook comes from the Dutch word "hoeck" which translates into "point of land." This "point of land" has been described as an elevated area, the location...
. The station serves the Goldman Sachs Tower and other buildings in this area, also sometimes referred to as "Wall Street West".
The station provides service to Hoboken
Hoboken Terminal
Hoboken Terminal is one of the New York Metropolitan area's major transportation hubs. The commuter-oriented intermodal facility, is located on the Hudson River in Hoboken, New Jersey...
, Journal Square
Journal Square
Journal Square is a business district, residential area, and transportation hub in Jersey City, New Jersey, which takes its name from the newspaper Jersey Journal whose headquarters are located there. The "square" itself is at the intersection of Kennedy Boulevard and Bergen Avenues...
and Newark Penn Station
Pennsylvania Station (Newark)
Pennsylvania Station is a major transportation hub in Newark, New Jersey. Located at Raymond Plaza, between Market Street and Raymond Boulevard, Newark Penn Station is served by the Newark Light Rail, New Jersey Transit commuter rail, Amtrak long distance trains, the PATH rapid transit system, and...
. The station also provides direct access to Lower Manhattan
Lower Manhattan
Lower Manhattan is the southernmost part of the island of Manhattan, the main island and center of business and government of the City of New York...
, with connections to the New York City Subway
New York City Subway
The New York City Subway is a rapid transit system owned by the City of New York and leased to the New York City Transit Authority, a subsidiary agency of the Metropolitan Transportation Authority and also known as MTA New York City Transit...
at the World Trade Center PATH station. PATH service to 33rd Street
33rd Street (PATH station)
The 33rd Street PATH station, opened on November 10, 1910, is located on Sixth Avenue , between 32nd and 33rd Streets in Manhattan, under Greeley Square and just south of Herald Square....
in Midtown Manhattan
Midtown Manhattan
Midtown Manhattan, or simply Midtown, is an area of Manhattan, New York City home to world-famous commercial zones such as Rockefeller Center, Broadway, and Times Square...
is also available, via transfer at Newport.
The Hudson-Bergen Light Rail
Hudson-Bergen Light Rail
The Hudson–Bergen Light Rail is a light rail system in Hudson County, New Jersey, United States. Owned by New Jersey Transit and operated by the 21st Century Rail Corporation, it connects the communities of Bayonne, Jersey City, Hoboken, Weehawken, Union City , and North Bergen.The system began...
has a stop outside the Exchange Place PATH station, providing service to north to Hoboken
Hoboken, New Jersey
Hoboken is a city in Hudson County, New Jersey, United States. As of the 2010 United States Census, the city's population was 50,005. The city is part of the New York metropolitan area and contains Hoboken Terminal, a major transportation hub for the region...
and North Hudson
North Hudson, New Jersey
North Hudson is the collective name of the municipalities of Weehawken , Union City , West New York , Guttenberg and North Bergen in Hudson County, New Jersey...
and south to Liberty State Park
Liberty State Park
Liberty State Park is located on Upper New York Bay in Jersey City, New Jersey, opposite the Statue of Liberty and Ellis Island. The park opened in 1976 to coincide with bicentennial celebrations and is operated and maintained by the New Jersey Division of Parks and Forestry.-Geography and...
and Bayonne
Bayonne, New Jersey
Bayonne is a city in Hudson County, New Jersey, United States. Located in the Gateway Region, Bayonne is a peninsula that is situated between Newark Bay to the west, the Kill van Kull to the south, and New York Bay to the east...
Original station
The original Exchange Place station opened on July 19, 1909 at the western end of the Downtown Hudson TubesDowntown Hudson Tubes
The Downtown Hudson Tubes are a pair of tunnels that carry PATH trains under the Hudson River between New York City and Jersey City in the United States. In lower Manhattan the trains travel to and from the World Trade Center station. In Jersey City the trains stop at the Exchange Place station...
adjacent to Pennsylvania Railroad station
Exchange Place (PRR station)
The Pennsylvania Railroad Station was the intermodal passenger terminal for the Pennsylvania Railroad's vast holdings on the Hudson River and Upper New York Bay in Jersey City, New Jersey. By the 1920s the station was called Exchange Place in response to local nomenclature...
and ferry terminal
Ferry slip
A ferry slip is a specialized docking facility that receives a ferryboat or train ferry. A similar structure called a barge slip receives a barge or car float that is used to carry wheeled vehicles across a body of water....
. The above ground entrance and platforms were reburbished in the late 1960s / early 1970s after the Port Authority of New York and New Jersey
Port Authority of New York and New Jersey
The Port Authority of New York and New Jersey is a bi-state port district, established in 1921 through an interstate compact, that runs most of the regional transportation infrastructure, including the bridges, tunnels, airports, and seaports, within the Port of New York and New Jersey...
took over operations of the Hudson and Manhattan Railroad.
In the early years of the H&M Railroad, there were a number of incidents, including a derailment on April 26, 1942 that resulted in five deaths and over 200 injuries. In that incident, the train operator Louis Vierbucken was charged with manslaughter, as he was under the influence of liquor. Court records recount that he "began to go faster and faster, disregarding warning signals and curves" and then the train derailed at the station.
Present day
Urban renewal
Urban renewal is a program of land redevelopment in areas of moderate to high density urban land use. Renewal has had both successes and failures. Its modern incarnation began in the late 19th century in developed nations and experienced an intense phase in the late 1940s – under the rubric of...
with new office building construction. The station entrance is located approximately 100 feet (30.5 m) west of the former, original station entrance. The station features three 150 feet (45.7 m)-long escalators that provide access to the platform level, located 75 feet (22.9 m) beneath street level. In 1991, an elevator
Elevator
An elevator is a type of vertical transport equipment that efficiently moves people or goods between floors of a building, vessel or other structures...
was installed to make the station accessible for the disabled, in accordance to the Americans with Disabilities Act. The Hudson-Bergen Light Rail began service in April 2000, initially providing connections to Bayonne.
The Exchange Place station was closed as a result of the September 11, 2001 attacks
September 11, 2001 attacks
The September 11 attacks The September 11 attacks The September 11 attacks (also referred to as September 11, September 11th or 9/119/11 is pronounced "nine eleven". The slash is not part of the pronunciation...
, due to water damage. Before the attacks, the station served 16,000 passengers daily. The World Trade Center
World Trade Center
The original World Trade Center was a complex with seven buildings featuring landmark twin towers in Lower Manhattan, New York City, United States. The complex opened on April 4, 1973, and was destroyed in 2001 during the September 11 attacks. The site is currently being rebuilt with five new...
station was also crucial, as that station contained a loop that enabled trains to turn around and reverse direction. New trackwork was installed at a cost of $160 million , which included an interlocking to allow the trains to switch tracks, thus enabling trains to terminate at Exchange Place. On June 29, 2003, the Exchange Place PATH station reopened, restoring services to Newark, Hoboken, and 33rd Street. On November 23, 2003, service was restored to the World Trade Center site
World Trade Center site
The World Trade Center site , also known as "Ground Zero" after the September 11 attacks, sits on in Lower Manhattan in New York City...
, with the reopening of the World Trade Center (PATH) station.
In February 2006, the Transportation Security Administration
Transportation Security Administration
The Transportation Security Administration is an agency of the U.S. Department of Homeland Security that exercises authority over the safety and security of the traveling public in the United States....
(TSA) established a pilot project to test airport-style security screening at the Exchange Place station.
Nearby attractions
- Colgate Clock
- Goldman Sachs Tower
- Harborside Financial CenterHarborside Financial CenterThe Harborside Financial Center is an office complex in the Exchange Place district of Jersey City, New Jersey located on the Hudson Waterfront. It contains the Harborside Plazas 2 and 3, Harborside Plaza 1, Harborside Plaza 4A, Harborside Plaza 10, and the Harborside Plaza 5...
- Liberty State ParkLiberty State ParkLiberty State Park is located on Upper New York Bay in Jersey City, New Jersey, opposite the Statue of Liberty and Ellis Island. The park opened in 1976 to coincide with bicentennial celebrations and is operated and maintained by the New Jersey Division of Parks and Forestry.-Geography and...
- Paulus HookPaulus Hook, Jersey CityPaulus Hook is a community on the Hudson River waterfront in Jersey City, New Jersey, located one mile across the river from Manhattan. The name Hook comes from the Dutch word "hoeck" which translates into "point of land." This "point of land" has been described as an elevated area, the location...
- Hudson and Manhattan Railroad PowerhouseHudson and Manhattan Railroad PowerhouseThe Hudson and Manhattan Railroad Powerhouse, also known as the Jersey City Powerhouse in Jersey City, New Jersey was built in 1908. The powerhouse made possible the subway system between New Jersey and New York for the Hudson and Manhattan Railroad . The powerhouse was closed in 1929 and used as...